Economic Forces

About Economic Forces

Brian Albrecht, Josh Hendrickson, and guests ponder price theory, past and present www.economicforces.xyz (https://www.economicforces.xyz?utm_medium=podcast)

Publisher

Economic Forces

Category

business · science

Language

en

Explicit

No

First episode

2 Sept 2021

Latest episode

15 Oct 2025

Latest episodes

13 episodes in the feed.

1. 

   15 Oct 2025

   Albrecht and Beckworth on the 2025 Nobel Prize in Economics

   Thank you to everyone for tuning into my live video with David Beckworth (https://substack.com/profile/8207880-david-beckworth)! Join me for my next live video in the app. Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

2. 

   3 Nov 2022

   Christopher Brunt | Medicare Pricing, Supplier Induced Demand, and Doctors' Incentives

   Pricetheory.substack.com Welcome to Episode 13 of the Economic Forces Podcast! We interview Christopher Brunt (https://parker.georgiasouthern.edu/economics/christopher-s-brunt/), Shirley & Philip Solomons Endowed Chair, Professor of Economics at Georgia Southern. We talk about health economics, especially supplier-induced demand, Medicare pricing, and how administered prices distort incentives for doctors. Chris’s Research * CPT fee differentials and visit upcoding under Medicare Part B (https://onlinelibrary.wiley.com/doi/abs/10.1002/hec.1649) * Pricing distortions in medicare's physician fee schedule and patient satisfaction with care quality and access (https://onlinelibrary.wiley.com/doi/abs/10.1002/hec.2952) Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

3. 

   25 Aug 2022

   Brian Albrecht and Josh Hendrickson | What is Price Theory?

   You are listening to the Economic Forces Podcast, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up at pricetheory.substack.com (http://pricetheory.substack.com) Welcome to Episode 12 of the Economic Forces Podcast! We change things up by having a conversation between us about “what is price theory?” We point to a few central themes: exchange, competition is everywhere, opportunity costs, the value of simple models, and markets clear somehow. Previous Newsletters Discussed Josh: Those Pesky Transaction Costs (https://pricetheory.substack.com/p/those-pesky-transaction-costs) Brian: Markets Must Become Competitive (https://pricetheory.substack.com/p/markets-must-become-competitive) Brian on why monopolies must compete (https://pricetheory.substack.com/p/reader-questions-on-price-taking) We hope you enjoy the conversation and consider becoming a paid subscriber. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss (https://api.substack.com/feed/podcast/86578.rss). Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

4. 

   14 Jul 2022

   Carola Binder | Inflation Expectations, Measurement and Causes

   You’re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here: Welcome to Episode 11 of the Economic Forces Podcast! We interview Carola Binder (https://carolabinder.sites.haverford.edu/), Associate Professor of Economics at Haverford College. We talk about Carola’s work on inflation expectations, what drives it, and how we measure it. We also cover consumer sentiment, political pressure on central banks, and NGDP targeting. Carola’s Research * Stuck in the Seventies: Gas Prices and Consumer Sentiment (https://direct.mit.edu/rest/article-abstract/104/2/293/97647/Stuck-in-the-Seventies-Gas-Prices-and-Consumer?redirectedFrom=fulltext) * Political Pressure on Central Banks (https://onlinelibrary.wiley.com/doi/abs/10.1111/jmcb.12772#:~:text=About%2010%25%20of%20central%20banks,higher%20inflation%20and%20inflation%20persistence.) Recent Newsletters on Inflation * Josh on Inflation and Relative Prices (https://pricetheory.substack.com/p/inflation-and-relative-prices) * Brian on Is Inflation Demand or Supply Driven? (https://pricetheory.substack.com/p/is-inflation-demand-or-supply-driven) * Josh on Inflation and Time (https://pricetheory.substack.com/p/inflation-and-time) * Brian on Is Concentration Driving Inflation? (https://pricetheory.substack.com/p/is-concentration-driving-inflation) You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

5. 

   9 Jun 2022

   Mark Koyama and Jared Rubin | How the World Became Rich

   You’re reading Economic Forces, a free weekly newsletter on economics, especially price theory, without the politics. You can support our newsletter by signing up here: Welcome to Episode 10 of the Economic Forces Podcast! We interview Mark Koyama (https://mason.gmu.edu/~mkoyama2/About.html) and Jared Rubin (https://www.jaredcrubin.com/) about their new book, "How the World Became Rich (https://amzn.to/3mrgBxm)." We talk about why England grew more than the Dutch, what role institutions and culture play, the modern approaches to economic history, and the need for more price theory in economic history. Buy their book here (https://amzn.to/3mrgBxm). You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

6. 

   5 May 2022

   Garrett Scott | Airline Pricing, Refunds, and the Role of Price Discrimination

   You’re listening to Economic Forces, a free weekly newsletter and podcast on economics, especially price theory, without the politics. You can support our newsletter by signing up here: Welcome to Episode 9 of the Economic Forces Podcast! We interview Garrett Scott (https://sites.google.com/view/garrettscott) about his job market paper "Screening with Refunds: Evidence from the Airline Industry (https://drive.google.com/file/d/1nFvzk75OKN6tnKEkr1S2O51j3wum3vF4/view)." We discuss what makes airline pricing unique, especially the regulation and uncertainty involved, and the impact of price discrimination through refunds on the level of efficiency within the airline market. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

7. 

   7 Apr 2022

   Henry Thompson | Mafia Courts and Contracting without the Law

   You’re listening to Economic Forces, a free weekly newsletter and podcast on economics, especially price theory, without the politics. You can support our newsletter by signing up here: Welcome to Episode 8 of the Economic Forces Podcast! We interview Henry Thompson (https://www.henryathompson.com/) about his paper "Costa Nostra Courts (https://static1.squarespace.com/static/6165b74a4cd40d5293c28c99/t/61ac144aee1b8d04e4a89207/1638667339483/Thompson_GMU_JMP.pdf)." We discuss how the Mafia used this ingenious court system to protect its secrecy and enforce agreements that could not be written down as contracts. Cosa Nostra Courts: https://static1.squarespace.com/static/6165b74a4cd40d5293c28c99/t/61ac144aee1b8d04e4a89207/1638667339483/Thompson_GMU_JMP.pdf You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

8. 

   3 Mar 2022

   Claudia Williamson | Institutions, Economic Development, and Policy Humility

   Welcome to Episode 7 of the Economic Forces Podcast! We interview Claudia Williamson on institutions and development. Along the way, we talk about how the government is often a threat to development, her approach to price theory and Austrian economics, the importance of taking subjective value seriously, and her experience as an editor at the Journal of Institutional Economics. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

9. 

   6 Jan 2022

   Casey Mulligan | Regulation, Innovation, and the Economics of Pandemics

   Welcome to Episode 5 of the Economic Forces Podcast! We interview Casey Mulligan on applying basic economic tools like excess burden (deadweight loss) and Marshall’s Law to policy work, especially surrounding pandemics, and the importance of understanding the economics of innovation. Check out Casey’s books: You’re Hired!: Untold Successes and Failures of a Populist President (https://amzn.to/3pVfA34) Chicago Price Theory (https://amzn.to/3qUjlF8) The Redistribution Recession: How Labor Market Distortions Contracted the Economy (https://amzn.to/3qUblUT) Side Effects and Complications: The Economic Consequences of Health-Care Reform (https://amzn.to/3EWTxgW) You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

10. 

    2 Dec 2021

    Charles Hickson | Earl Thompson, National Defense, and Efficient Institutions

    Welcome to Episode 4 of the Economic Forces Podcast! We interview Charlie Hickson on the life and work of Earl Thompson and Charlie’s research with Thompson. Their work covers economic history, political economy, and industrial organization. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

11. 

    4 Nov 2021

    David Glasner | Ralph Hawtrey and Price Theory vs. Microfoundations in Macro

    Welcome to Episode 3 of the Economic Forces Podcast! We interview David Glasner on his IO and macro influences at UCLA, the work of Ralph Hawtrey, Harold Demsetz, Benjamin Klein, and Earl Thompson, and the role of prediction vs. digging into assumptions within price theory. Check out David’s blog “Uneasy Money (https://uneasymoney.com/)” and his new book Studies in the History of Monetary Theory: Controversies and Clarifications. (https://link.springer.com/book/10.1007/978-3-030-83426-5) You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

12. 

    7 Oct 2021

    Peter Ireland | Chicago Monetary Economics and Price Theory

    Welcome to Episode 2 of the Economic Forces Podcast! We interview Peter Ireland on his time at Chicago and how that influenced his research in macroeconomics and monetary economics. We cover the Chicago monetary tradition from Milton Friedman up through Robert Lucas and Peter’s advisors, Robert Townsend, John Cochrane, and others. You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss. Below you’ll find a teaser clip on how Robert Lucas kept alive the Friedman/Marshallian tradition within macroeconomics and the full interview. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

13. 

    2 Sept 2021

    Larry White | UCLA Price Theory and Macroeconomics

    Welcome to Episode 1 of the Economic Forces Podcast! In it, Josh and I interview Larry White on his time at UCLA and how that influenced his research in macroeconomics and monetary economics. You can listen to the podcast above, watch the YouTube video below, by clicking the link “listen in podcast app” up and to the right. Update: You can now listen through Apple Podcasts (https://podcasts.apple.com/us/podcast/economic-forces-podcast/id1584165491) or Spotify. Enjoy! Get full access to Economic Forces at www.economicforces.xyz/subscribe (https://www.economicforces.xyz/subscribe?utm_medium=podcast&utm_campaign=CTA_4)

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

Apple Podcasts (US)

5.0 / 5

5 ratings

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Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.